We offer over 40 currency pairs to fit your trading needs. Trade popular currencies such as the US dollar (USD), euro (EUR), Japanese yen (JPY), British pound (GBP), Australian dollar (AUD), Canadian dollar (CAD), and the Swiss franc (CHF). We also offer more exotic currency pairs such as the offshore Renminbi (CNH).

The Foreign Exchange market is commonly known as Forex (FX). It is the largest financial market in the world with a daily trading volume of US$5 trillion.

When you are trading Forex, you are buying/selling one currency for another at an agreed exchange price on the over-the-counter (OTC) market.

Unlike the stock market which has a fixed daily opening and closing hour, the forex market is open for trading 24 hours a day, 5 days a week.

Non-deliverable Forwards (NDFs) are net cash settled forwards on thinly traded or regulated currencies. The difference between the contracted NDF price and the prevailing spot price is settled at maturity, usually in USD. Unlike spot forex, there is no physical delivery involved in NDFs.

Contact Us

Visit us at our main office or ouraffiliated investor centresto open a Phillip Futures account today. For more information, please give us a call at (65) 6538 0500 or send us an email at futures@phillip.com.sg.